The proposed development is still in its earliest stages with a community meeting scheduled at the cinema on Monday, February 8 to discuss plans for the site. City staff have yet to review what Plazacorp has in mind for the Humber, which means the development will also be subject to a lengthy approvals process.

Despite closing due to poor attendance in 2003, a major restoration effort in 2011 brought back some of the cinema's former glory. It's unclear at present if any of the existing theatre would be retained as part of redevelopment plans.